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economy and our debt and deficit. in the creation of jobs that are so important. senator sessions? you have to know what budget does with regard to directing the closing of loopholes and deductions that occur. the plan in the budget is to spend that money. it actually spends it twice. .ut it spends the money if you but that's damon from the professor on the screen, last in this very hearing room, they said this. for business tax reform, the leading corporate tax rate should be in the mid-20s, made for by getting rid of the hand of government that is distorting business behavior and let is this the business. that was the lead democratic witness here. i asked him to repeat it. so you are sam at the money that you get from closing deductions and making the tax code simpler, which i prefer, should be used to reduce the rates and he said yes. and senator baucus believes that. members of your committee have need toed about the simplify and reduce the rate. but if you spend the money, you get some closing loopholes. how do you reduce rates? this is the kind of logic we need to get into our mi
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